Salamis Tours (Holdings) Public LTD

AGM Information • Jul 22, 2021

22 July 2021

ANNOUNCEMENT

We wish to inform you that the Annual General Meeting of Salamis Tours (Holdings) Public Ltd was held on 21 July 2021 at the Four Seasons Hotel in Limassol.

The Annual General Meeting transacted the following business:

(a) It examined and approved the Consolidated Management Report and the Audited Consolidated Financial Statements of the Group, the Management Report and the Audited Financial Statements of the Company and the Auditors' Report for 2020.

(b) It re-elected retiring Directors Kyriakos Kyriakou and George Tsielepis.

(c) It approved the remuneration of the Directors, as follows: Chairman €10,500, Members of the Board of Directors €5,000. The additional remuneration of the Non-Executive Directors as members of the Audit Committee is fixed at €4,000.

(d) It re-appointed Ernst & Young Cyprus Ltd as auditors and authorised the Board of Directors to determine their fees.

(e) It approved the proposal of the Board of Directors to pay final dividend of 6 cents per share. The dividend will be paid to the beneficiary shareholders of the Company registered in the records of the Cyprus Stock Exchange on 29 July 2021 (record date). The Company's share will be traded ex-dividend on the Cyprus Stock Exchange as of 28 July 2021. The dividend will be paid to the beneficiaries on 6 August 2021.

Yours,

Alfo Secretarial Ltd

Secretary